Date: 5 months ago   Category: Finance

The Ministry of Finance commented on conclusions of Audit Chamber on remunerations for redemption of eurobonds — Rambler News Service


The Ministry of Finance in response to the conclusion of Audit Chamber stated that calculation of remunerations for the possible redemption of eurobonds put in the draft budget for 2019-21 corresponds to established practices in the market. "Calculation of the amount of remuneration to agent banks for possible redemption of eurobonds in the draft budget is perfromed percentage of their par value. Such approach, corresponds to established practices of carrying out market transactions by the Ministry of Finance of the Russian Federation with the state securities" — it is said in the statement of the press service of the ministry. The Ministry of Finance notes that during discussion of the draft budget the ministry informed Audit Chamber on calculation of the amount of remuneration, and department was not called into question by correctness of such approach. In the conclusion of Audit Chamber on the draft of the federal budget for 2019-21 it is noted that, in case of redemption of bonds of releases Russia-2028 and Russia-2030, the sum of repayment will include the size of excess of the price of repayment over the par value of bonds and also the saved-up coupon yield in this connection calculation of amount of remuneration of the agent on redemption of bonds percentage of the sum of repayment is unreasonable. In this regard the Audit Chamber noted that it is expedient to perfrom calculation of remuneration percentage of the par value of bonds, and in case of bonds of release of "Rossiya2030" — from the par value of bonds taking into account depreciation. "The statement about plans of the Ministry of Finance of the Russian Federation to depart from this practice and to perfrom calculation of remuneration of agents proceeding from market and, respectively, higher cost of the redeemed package, but not from par value, has under itself no reasons" — it is specified in the message of the Ministry of Finance.

URL:

Photo: The Ministry of Defence of Russian Federation/RIA Novosti the Pilotless Poseidon submersible will appear on arms of Russia not earlier than 2027, reports the American TV channel CNBC with reference to the sources familiar with the report of investigation. The channel notes that the USA has no similar weapon. "We deal with the Russian submari...


Across all Russia of intelligent metering devices of gas 385 billion rubles can make costs of installation and installation, the Izvestia newspaper with reference to the Ministry of Energy of the Russian Federation reports. Department sent to the government the letter in which the position of the Ministry of Energy on introduction of intellectual s...


The House of Representatives of the U. S. Congress approved the bill which provides assistance to the countries of Central and Eastern Europe in diversification of sources of energy supplies, is reported on the website of the House of Representatives. 391 congressmen voted pro, 24 congressmen contra spoke. In the text of the bill it is claimed that...


Photo: The Irish fighter of the mixed style Conor McGregor on the Twitter declared Global Look Press via ZUMA Press career ending in MMA. "Hi, children, announcement: today I decided to leave the sport officially known as "The mixed martial arts" (Mixed Martial Arts, MMA). I wish all my old colleagues success in competitions" — McGregor wrote. Cono...


Photo: globallookpress.com/Petro Poroshenko the President of Ukraine Petro Poroshenko files a lawsuit against Ukrainian TV channel "1 1" which belongs to the businessman Igor Kolomoysky. It is said in the statement of the chairman of parliamentary fraction "Petro Poroshenko Bloc" Artur Gerasimov published on the website of the headquarters of Poros...


Photo: Alexander Shcherbak / TASS the Net profit of media division of Gazprombank in which assets of Gazprom media media holding are consolidated was 2.2 billion rubles against a loss in 3.4 billion rubles the previous year, it is noted in the annual reporting of bank under IFRS. The revenue of media division of bank was 95.4 billion rubles against...